Mirae Asset NYSE FANG+ETF, a basket tracking an index comprising global mega-cap tech stocks, recorded a blistering 96% rise in NAV. The closest challenger, CPSE ETF, tracking an index of Indian public sector entities, fetched 75%. The NYSE FANG+ETFs blockbuster show is bound to make investors take notice, but should you rush to add this table-topper to your mutual fund shopping list?
Mirae Asset NYSE FANG+ETF, a basket tracking an index comprising global mega-cap tech stocks, recorded a blistering 96% rise in NAV. The closest challenger, CPSE ETF, tracking an index of Indian public sector entities, fetched 75%. The NYSE FANG+ETFs blockbuster show is bound to make investors take notice, but should you rush to add this table-topper to your mutual fund shopping list?
There could be around 1.5 percent to 2 percent rate cut in 2024 by the US Fed, including a few cuts of 50 bps instead of the normal 25 bps, says Vikas Gupta.
Anyone who is not interested in the AI disruptors is likely to see their portfolio companies getting disrupted and that won’t be pleasant for them, says Vikas Gupta of OmniScience Capital
The upcoming wedding and festival seasons are likely to stimulate significant consumer demand. Despite some challenges, such as erratic monsoon patterns, there is strong pent-up demand following several years of weak growth, says Vikas Gupta of OmniScience Capital.